A new client, Mery, is your first client. She requires to lodge her income tax for 2020/21. Furthermore, she has done some charitable works this year. So, she wants to know about the legal provisions and asks what types of entities are exempt from income tax?

Furthermore, she gave her annual income and deduction below.

Calculate her Total Assessable Income, Taxable Income, Total tax Liability, including Medicare Levy and Medicare Levy Surcharge, if applicable, for the taxpayer (Mery ) with the information below:

Mery is a resident single mom with one dependent child (7 years old) taxpayer of Australia for the tax year 2020-2021

Her Taxable Salary earned is $102,000 (Including tax withheld) having no private health insurance.

She had a $7,000 deduction.

Mery has a student loan outstanding for his previous studies at Queensland University technology of $42,000.

Merys employer pays superannuation guarantee charge of 10% on top of her salary to her nominated fund.

Mery earned a passive income of $6,000 from the investments in shares in the same tax year.